CFR /  Title 24  /  Part 203  /  Sec. 203.6 Lender Insurance process.

Under the Lender Insurance program, a mortgagee approved for the program conducts its own pre-insurance review, insures the mortgage, and agrees to indemnify HUD in accordance with Sec. 203.255(f). [62 FR 30226, June 2, 1997]